Home
Dubai prices
About
Research
2-bed · 1,586 sqftU-Bora Tower 1 (Residential), Business Bay · 5th floor · completed 2011

511, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.78M22 August 2024
Current rentAED 150K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 511

Property timeline for 511, U-Bora Tower 1 (Residential)

What is 511 worth today?

Last sold for AED 1,775,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2025RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
22 Aug 2024SoldReady
AED 1,775,000AED 1,119 per sqft
12 Sep 2023RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
20 Jun 2022RentedRenewal
AED 93,500/yr12 months · AED 59 per sqft
20 Jun 2021RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
1 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
1 Feb 2018RentedRenewal
AED 80,000/yr24 months · AED 50 per sqft
20 Apr 2017RentedNew contract
AED 76,701/yr9 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
5th of 16
Parking
P4-299
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 28,400 /yr
Last sold
AED 1.78M · August 2024
Building
U-Bora Tower 1 (Residential)

About 511, U-Bora Tower 1 (Residential)

511 is a two-bedroom apartment of 1,586 sqft on the 5th floor of U-Bora Tower 1 (Residential), a 16-storey tower in Business Bay completed in 2011 by Bando Engineering & Construction Co. It last sold on 22 August 2024 for AED 1,775,000, or AED 1,119 per sqft, in line with the AED 1,090 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 September 2025, is AED 150,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 28,400 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical two-bed in U-Bora Tower 1 (Residential)
1M2M2009201420192024Typical sale price by year: 2009 AED 2,620,985; 2012 AED 2,447,753; 2013 AED 1,976,135; 2014 AED 2,610,405; 2015 AED 2,200,000; 2016 AED 1,350,000; 2017 AED 1,825,000; 2020 AED 1,200,000; 2021 AED 1,525,000; 2022 AED 1,260,000; 2023 AED 1,550,000; 2024 AED 1,875,000; 2025 AED 2,428,404; 2026 AED 2,152,500Sold by developer, September 2013: AED 1,903,200 (AED 1,200 per sqft)Sold, August 2024: AED 1,775,000 (AED 1,119 per sqft)

511 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 511, each contractTypical two-bed in U-Bora Tower 1 (Residential)
100K150K2012201620202024Typical rent by year: 2012 AED 86,001; 2013 AED 90,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 110,000; 2020 AED 80,000; 2021 AED 84,000; 2022 AED 93,500; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 136,453; 2026 AED 137,000New contract, August 2012: AED 85,000 a yearNew contract, November 2014: AED 160,000 a yearNew contract, April 2016: AED 100,000 a yearNew contract, January 2017: AED 100,000 a yearNew contract, April 2017: AED 76,701 a yearRenewal, February 2018: AED 80,000 a yearRenewal, February 2020: AED 90,000 a yearNew contract, June 2021: AED 85,000 a yearRenewal, June 2022: AED 93,500 a yearNew contract, September 2023: AED 130,000 a yearNew contract, September 2025: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in U-Bora Tower 1 (Residential), and where 511 sits

All 88 2-beds →

511 last sold in August 2024 at AED 1,119 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,090). Over the last 12 months two-beds sold for AED 1,875,000 to 2,300,000, around AED 1,259 per sqft, and rent for AED 117,152 to 200,000 a year. 511's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,065,000
12 May 20262,240,000
31 Mar 20262,300,000
18 Feb 20261,875,000
4 2-bed sales in the last 12 months

U-Bora Tower 1 (Residential)

Building

225 apartments, 1-bed to 3-bed over 16 floors in Business Bay, completed in 2011 by Bando Engineering & Construction Co. 16 sold in the last 12 months.

Typical price per sqft
AED 1,227 Up 0.8%
Typical sale
AED 1.26M
Typical rent
AED 90K /yr
Typical yield
7.4%
U-Bora Tower 1 (Residential), Business Bay: prices, sales and rents →

Other units on the 5th floor

All 225 units in U-Bora Tower 1 (Residential)
Value
5011-bedAED 770K · Oct 2022
5021-bedAED 1.04M · Jun 2014
5031-bedAED 1.6M · Aug 2014
5041-bedAED 1.29M · Jan 2014
5051-bedAED 1.36M · Apr 2014
5061-bedAED 1.23M · Jan 2025
5072-bedAED 2.44M · Dec 2013
1–7 of 15

511, U-Bora Tower 1 (Residential) in numbers

  • Sold twice: first on 1 September 2013 for AED 1,903,200, last on 22 August 2024 for AED 1,775,000 (AED 1,119 per sqft).
  • Rented since August 2012 on 11 Ejari contracts, from AED 85,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 28,400 a year (AED 17.90 per sqft).
  • Two-beds in U-Bora Tower 1 (Residential) sold for AED 1,875,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,227 per sqft.

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 511, U-Bora Tower 1 (Residential)

What did unit 511 last sell for?

AED 1,775,000 on 22 August 2024: AED 1,119 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 1,903,200 in September 2013.

What is the rent for unit 511?

AED 150,000 a year on the contract signed on 1 September 2025. The previous contract, from September 2023, was AED 130,000; the unit has been rented since August 2012.

How big is unit 511?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2011.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in U-Bora Tower 1 (Residential) sold for AED 1,875,000 to 2,300,000 in the last 12 months, around AED 1,259 per sqft.

Selling 511? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 511, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.78M, 22 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →